Apple Shares Jump On Report Next iOS Will Allow Users To Choose Rival AI Models

US Attack Renders Ceasefire 'Meaningless', Iran Says, As US Forces Disable Third Tanker This Week Overnight, there did not appear to be any new major exchanges of fire after Iran launched retaliatory strikes on US bases in Kuwait, Bahrain and Jordan - following the US bombing of some dozens of targets in Iran earlier, in the wake of the downing of a US Apache attack helicopter in the Hormuz area earlier this week. But since then, Iran has announced it is closing the Strait of Hormuz - or rather seeking to tighten...

Lacy Hunt: Fed's Been "Stealth-Easing" Since December “We’re seeing a major secular shift, that we’re now moving into a period of capital shortage, as well as we’re witnessing the end of the three-decade period of globalization, which led to significant disinflation.” That prediction comes from Dr. Lacy Hunt, once one of the bond market’s most prominent bulls and secular disinflationists. Well… no longer. He’s now a seller of U.S. long-dated bonds and suggested during last night’s discussion on ZeroHedge that he’s eyeing gold favorably. Lacy told Thoughtful Money’s Adam Taggart and Brent...

Futures Rebound With Cash Markets Closed; Gold, Bitcoin Jump While US cash markets are closed for the July 4th holiday, stocks around the world rebounded from yesterday's momentum rout as the latest round of jitters about the AI trade subsided, with Europe’s benchmark rising to an all-time high. S&P futures rose 0.3% and Nasdaq 100 futures rebounded 1.2% in thin holiday trading after South Korean memory giants SK Hynix and Samsung Electronics recovered, helping to drive a 2% rally in Asian shares after earlier tumbling with SK Hynix plunging as much as 30% from its all...